The trading hours of the German DAX are from the opening at 9:00 am to the closing time at 17:30 pm Central European Time. If converted to Beijing time in China, it will open at 15:00 and close at 23:45.

The German DAX Index (German: Der Dax was originally derived from Deutscher Aktienindex) is an important stock index in Germany. A blue-chip stock index launched by Deutsche B?rse Group.

DAX was launched by the FSE on July 1, 1988, and as of December 30, 1987, the base value was 1000. However, it is a continuation of an older index: B?rsen- Zeitung, founded in 1959 by a major German financial newspaper.

Extended information:

The DAX index is the most valued stock price index in Germany. However, the index only consists of 30 blue chip stocks and is considered to be too narrow in scope and not suitable for the overall performance of the stock market. indicators. The DAX30, like the US S&P 500, the French CAC-40 stock index and the London Financial Times 100 stock price index, is a stock price average index weighted by market capitalization, rather than a simple average stock price average index.

But unlike other indexes, the DAX30 index attempts to reflect the total returns of the German stock market, while other indexes only reflect changes in market prices. The DAX30 index takes dividend income into account, nominally reinvesting all dividend income (in proportion to the constituent stocks) in stocks.

The index is traded through the Xetra trading system, so its trading method is different from the traditional public trading method, but uses electronic trading to facilitate global trading.

Baidu Encyclopedia-German DAX Index